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CFPB makes structural changes after expanding authority over nonbanks -
How Senators want to preserve rural housing stock -
Fed's Powell touts benefits of international coordination -
New details on rush of Home Loan bank borrowings at three failed banks -
Warren, Blumenthal press OCC on NYCB-Flagstar deal approval
- Sep 9-10, 2024|San Diego, CA
But views are split, at least in the near-term on whether rising mortgage rates are holding back the Spring home purchase season.
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The nonpayment rate for non-qualified mortgages is up 21 basis points from February and 134 basis points from March 2023, Morningstar DBRS said.
3h ago
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The government mortgage-bond guarantor will require additional information on foreclosure prevention actions, and retire some forbearance reporting.
4h ago -
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The tool will provide helpful HELOC-related information to customer support staff to streamline the application process, Figure said Thursday.
9h ago -
Those who raced ahead of the pack of loan originators last year went the distance by offering exceptional customer service, catering to niche pockets of demand in the market.
April 15
Malicious actors could be utilizing the same software that cybersecurity experts use to test a company's systems for vulnerabilities.
Some vendors can act as backups when a cyberattack knocks the regular provider's system offline. Others offer vendor management expertise that may help.
The home lenders voted by their employees as the Best Mortgage Companies to Work For in 2024 discuss supporting and engaging teams during a trying time for the industry.
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The plan that the Federal Housing Finance Agency floated calls for Freddie Mac to actively invest in some new closed-end seconds as cash-out refinancing subsides.
April 17 -
Conventional lending drove volumes higher, particularly in the purchase market, the Mortgage Bankers Association said.
April 17 -
Net charge-offs at the Charlotte, North Carolina-based bank increased by more than 80% in the first quarter compared with a year earlier. BofA executives say that the rising losses were in line with the bank's risk appetite.
April 16 -
In a motion to dismiss UWM's suit, Ramon Walker argues the trademark infringement claim made by UWM is a "pretext to muzzle [his] criticism."
April 16 -
Greater availability of data can make it more attractive to buy MBS with loans to underserved borrowers, translating into lower interest rates for those mortgages.
April 16
